Art Auction Giant Christie’s

art-auction-Christie's

Creating the illusion of a bid in the room by an auctioneer to ensure a reserve price is met is perfectly legal and is often done so that Christie’s turns a profit because they are solely commission based and without a sale, Christie’s actually loses money when factoring in storage, transport, and the brokering of the piece which involves many people behind the scenes as well as the auctioneer. Antiquities of the art world tend to sell at bargain price points so Christie’s has put much of its resources into living artists whose works sells in the millions of dollars instead of hundreds, thousands, or hundreds of thousands of dollars. Most of these newer works have been created within the past 20 – 30 years and provide commentary upon a specific moment in time often one which the purchaser remembers during their own lifetime (e.g. tank man in Tiananmen Square, China)

The Advent of the Modern Shipping Container 

shipping-container

Shipping containers are referred to as “TEU’s” which is an acronym meaning “twenty foot equivalent unit”. The shipping container was created almost by accident by the American entrepreneur Malcom McLean who wanted to put his trucks onto ships to ship them down the Atlantic coast and avoid traffic. McLean realized that he could fit more trucks if he removed the cab from the container and from this, the modern shipping container was born. Shipping has become so efficient that it costs approximately $300.00 to send 20 tonnes of anything from the United States of America to China or vice versa

The Fallibility of “Made In” Tags On Commercial Products 

made-in-China-label

Tags which display “made in” and then display a country only show the final destination where the product was completed, and does not reflect where the raw materials like cotton came from, where the dyes to color the item came from, or where the embellishments like zippers came from, as it only denotes that the end product was finalized in a specific location

Methanol Energy Production 

methanol-plant

Methanol is the simplest alcohol to make and is the most probable choice fuel for future Mars missions. Ethanol only requires water and carbon. Methanol is colloquially referred to as “wood alcohol” and/or “natural gas”. Professional racing car drivers prefer methanol as a fuel source due to the fact that it’s much less likely to catch fire after a crash. Methanol burns incredibly clean in comparison to gasoline and methanol costs 33% of what gasoline costs to manufacture and distribute

Ethanol Energy Production 

ethanol.png

Henry Ford called ethanol which is alcohol made from a variety of materials, “the fuel of the future”. John Rockefeller seen ethanol as a threat to his oil monopoly and therefore used his influence to push prohibition of alcohol. Virtually any plant can be used to create ethanol making it a readily available resource worldwide. Most vehicles of any decade require a $150.00 modification to their onboard computer system to be able to tolerate ethanol. Yellow gas caps are indicative of flex-fuel cars which are cars which are adapted to accept and effectively utilize either gasoline or ethanol. Brazil has successfully instituted laws which have made every gas station offer both gasoline and ethanol which has boosted the Brazillian economy into the trillions and allowed Brazil to pay back all foreign debts

The Average Lifespan of a British Employee for the East India Company 

East-India-Company

Death was quite common among the British stationed in India, with 33% of the entire British workforce dying in a single year due to the rainy season set by the monsoon. The average lifespan of a British worker in India was said to be just two monsoons, and the East India Company regularly had shipments of blank tombstones shipped from England just to keep up with the number of dying workers each month. The East India Company tried to help decrease these numbers by shipping vast quantities of spirits and wine, in the hopes that it would help increase the overall health of the workforce but unfortunately it did not do much good